Wynnum at a glance
15,144
People
$1,392,500
Median sale
$658/wk
Median rent
2.46%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
$997,500
Last sold
2 Sept 2024
3
Bedrooms
2
Bathrooms
4
Car spaces
607 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$997,500
2 Sept 2024 · derived via latest_sale
Local land rate: recorded House sales in Wynnum (last 5 years) with land size have a median of $2,771/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Wynnum at a glance
15,144
People
$1,392,500
Median sale
$658/wk
Median rent
2.46%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Vs Wynnum
-28.4%
Median sale
Suburb $1,392,500
+0.97 pp
Gross yield
Suburb 2.46%
Suburb median $1,392,500 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $658/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Wynnum at a glance
15,144
People
$1,392,500
Median sale
$658/wk
Median rent
2.46%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sparrow Real EstateWelcome to 2 Karloo Street Wynnum.
Nestled on a generous 607sqm corner block, sits this charming 3-bedroom cottage home surrounded by well-established trees and beautiful gardens.
Experience a lifestyle of peace and tranquillity in this private Wynnum residence, with its calming atmosphere and delightful, lush outlooks from nearly every window of the home.
Designed with ease of living in mind, the home transitions seamlessly between indoor and outdoor living spaces.
Inside features spacious bedrooms, a generous open plan living / dining space with wonderful wood crackling fireplace, picture framed windows, stunning hardwood timber floors and leafy views of the flowering greenery; spending time here will feel like living in a private paradise.
The kitchen and bathrooms have all been renovated allowing you to move in and enjoy everything the home and location have to offer.
Moving effortlessly outdoors to the front and rear decks, you can chase the sun, shade and breezes and find the perfect spot for alfresco living and entertaining throughout the day.
The home also features a separate rumpus or office area; perfect for those looking to work from home. There is a double lock-up garage and parking for two additional vehicles in the carport.
You will love Wynnum's family-friendly lifestyle. Less than 850m from Wynnum State School, Primrose Park, Wynnum North train station and bus stops, and only 2.0km from Wynnum Golf Club and Iona College. Additional excellent schools, transport and recreation are within easy walking distance.
Shopping, supermarkets, cafes and restaurants are just a short drive away at Wynnum Central, Wynnum Plaza and you can enjoy days spent along the Wynnum / Manly foreshore visiting the jetty, Pandanus Beach, whale park, markets and waterfront dining.
Home Features:
Rental Appraisal - Approximately $750 - $780 per week
Well-appointed kitchen with electric oven, gas hob and plenty of versatile storage options
Master bedroom with ensuite, built-in wardrobes and small adjoining retreat
2 additional built-in bedrooms (one with external access to rear deck)
Open plan living / dining area with stunning timber floors and fireplace
Additional rumpus or office with built-in wardrobes and external access
Renovated bathrooms
Ceiling fans to most rooms
Crimsafe Security Screens to most windows and doors
Internal laundry
Water tank
Mains gas
Listing description written by Matthew Griffin, Sparrow Real Estate — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.